Just called YMYC (Marco from Melbourne) to get a technical view from Gary Stone of Share Wealth Systems.
He said AZK is currently re-testing the 61.8% fib retracement now after bouncing off it the other day when it hit 24c and then hit the 38.2% fib retracement at around 40c. He said if it can re-test it successfully it should DOUBLE from here and the way to play it is to buy tomorrow at, or shortly after, open with a stop between 22.5-23c. I traded this below 10c then missed the whole move to 62c but then did another few successful trades after hitting the 24c low last week and back in today on close with first parcel.
YMYC Buy On Open Tomorrow
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Last
23.5¢ |
Change
0.040(20.5%) |
Mkt cap ! $461.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 25.0¢ | 19.0¢ | $7.783M | 34.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 2300 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |